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Saudi Electricity Co’s stock has barely moved over the past week, but beneath the calm price action sits a high-yield utility that has become a strategic pillar of the kingdom’s grid and energy transition plans. Here is how the stock has performed over the last days, what a one-year bet would look like, and how analysts are positioning around the name.
Saudi Electricity Co is trading as if nothing much is happening, yet the company sits at the crossroads of Saudi Arabia’s grid expansion, renewables buildout and fiscal policy. Over…